Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

The city of Kokomo will host an economic development announcement Tuesday. The Office of Mayor Greg Goodnight says a manufacturer will bring jobs to the city and reopen a vacant factory.

Officials say the plans also call for new equipment and renovations to the facility.

The announcement is set for 10:30 a.m. Tuesday in the Howard County city.

The city says the news "represents a trend for the return of manufacturing jobs to Kokomo."

At the end of last year, Chrysler Group LLC announced a $266 million investment into boosting production at its transmission plants in Kokomo. Last month, Kokomo-based auto component manufacturer METCO Inc. announced its acquisition of Michigan auto parts supplier Standard Starter Drive Co. METCO is relocating production and distribution to Kokomo and investing $500,000 to expand.

Story Continues Below

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Upgrade Now

Big business news. Teeny tiny price. $1/week Upgrade Now

Your go-to for Indiana business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indiana business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indiana business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indiana business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In